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Weekly Features

Declining South America copper ore grades require ingenuity

By: Dylan Slater Declining ore grades is one of the major challenges faced by copper miners in South America, specifically in Chile, says professional services firm Deloitte. 

Established miner expands portfolio

By: Dylan Slater Chile-based copper mining group Antofagasta Minerals is currently focusing on bringing its new Antucoya mine on stream, the company tells Mining Weekly. 

Established miner expands portfolio
IVÁN ARRIAGADA Antofagasta Minerals is committed to copper, as it is a commodity that the group knows well

Gold mineralisation discovered in Brazil

Australian-managed and ASX-listed minerals company Cleveland Mining Company announced, in March, the discovery of an extensive zone of primary gold mineralisation, less than 1.5 km south of its operational Premier Joint Venture gold mine, in central Brazil. 

Iron-ore portfolio expanded with highly prospective project

Iron-ore company Centaurus Metals announced it has taken the first step towards expanding its direct shipping ore (DSO) business in south‐east Brazil, after securing an option to acquire 100% interest in a portfolio of highly prospective tenements with extensive DSO mineralisation. 

Iron-ore portfolio expanded with highly prospective project
HIGH GRADE SAMPLES The itabirite samples returned high grades with low levels of impurities

Software to enhance project NPV

Australia-based business enhancement company Whittle Consulting Limited (WCL) in June signed a contract to supply strategic mineral company Largo Resources with its Enterprise Optimisation software suite to develop a new operational pit design on Largo’s Maracas Menchen vanadium mine in Bahia... 

Software to enhance project NPV
LIBERATING VALUE Mine enhancement leads to increased profit margins

Automation systems company expands S America services

Mineral processing equipment and automation systems provider Metso has expanded its service offering to Peru and Mexico by establishing mining service centres in the two countries. These investments, worth €6-million each, dovetail with Metso's long-term strategy to strengthen its presence in... 

Automation systems company expands  S America services
Photo by Duane Daws
CONTINUALLY EXPANDING Peru’s new service centre strengthens Metso's already solid position in South America

Brazil-based potash project in development phase

By: Jonathan Rodin Brazil-based fertiliser development company Verde Potash is focusing on securing an environmental licence for its Cerrado Verde potash project, which is currently in the development stage, in Brazil’s Minas Gerais province. Verde Potash CEO Cristiano Veloso tells Mining Weekly that the company... 

Brazil-based potash project in development phase
Photo by Verde Potash
POSITIVE RESULTS Verde Potash published a positive update in March on Cerrado Verde’s measured and indicated resource

L & J Gemmell Plant Services

Established by Les, Johnny and Ivy Gemmell in 1982, plant equipment solutions provider L & J Gemmell Plant Services spent its first 20 years renting trucks, graders, rollers, tankers and tractors, with operators on a sub-contract basis, to road construction and property development contractors.... 

L & J Gemmell Plant Services

Opportunity for South Africa in Peru

A South African business delegation last month visited the Lima-based Peruvian Institute of Mining Engineers to learn about the various opportunities available in the sector, and possible opportunities that could still be explored. “South African business people in the mining sector have been... 

Opportunity for South Africa in Peru
ELSA DRY South African business people in the mining sector have been urged to capitalise on the opportunities that currently exist in Peru

Potential in Peru phosphate deposit

California-based phosphate explorer Focus Ventures in January signed a formal option agreement for the acquisition of shares in Juan Paulo Quay (JPQ), the titleholders of the Bayovar 12 nonmetallic mining concession, in Peru. The concession has the potential to host a large sedimentary phosphate... 

Potential in Peru phosphate deposit
PHOSPHATE ROCK Focus Ventures’ conceptual geological target size is between 80-million tonnes and 100-million tonnes of phosphate rock

South American mining to reach 6.2% growth by 2017

By: Jonathan Rodin The South American mining industry will reach an estimated compound yearly growth rate of about 6.2% from 2012 to 2017, which will take the industry to a total value of $184.3-billion. Some of the world’s largest copper, bauxite, iron and nickel deposits are situated in South America, with the... 

South American mining to reach 6.2% growth by 2017
MAJOR CONTRIBUTOR Brazil's mining industry contributes almost 40% of South America's total region revenue

US company contracted to drill at Chile mine

Integrated exploration drilling services provider Boart Longyear was, in May, contracted to conduct exploration drilling at BHP Billiton-operated Minera Escondida copper mine in northern Chile’s Atacama Desert, says Boart Longyear Latin America drilling services GM Scott Whitt. Minera Escondida... 

US company contracted to drill at Chile mine
Photo by Duane Daws
LEADING THE PACK Chile is widely known as the world’s number one copper producer

US miner receives $500 000 investment

California-based mining company Brazil Minerals (BMIX) announced in May that it received $500 000 when it sold Gemological Institute of America- (GIA-) graded diamonds, common stock and two-year options to four investors. The GIA-graded diamonds will be delivered over time until December 2015.... 

US miner receives  $500 000 investment
Photo by Duane Daws
SHINE ON BMIX is selling a portion of its production as polished diamonds, at much higher margins than rough diamonds

Company increases presence in South American mining market

International specialist equipment supplier Multotec is steadily expanding its footprint within a rapidly growing South American mining arena, with an expectant substantial increase in mining capital expenditure over the next three years. 

Expansion on the cards for Peruvian manufacturer

By: Sashnee Moodley Peru-based manufacturer Resemin reports that the underground mining industry in South America is increasing significantly, with the industry demanding about 240 drilling rigs a year. 

Exploration company outlines its Argentina growth strategy

A preliminary economic assessment is expected in late 2013 to determine if Canada-based exploration company U3O8 Corp’s Laguna Salada deposit in Argentina’s Chubut province could potentially be positioned for near-term production using low-cost mining and processing techniques that nonetheless... 

First high-grade gold mineralisation discovery in Peru

By: Sashnee Moodley Latin American-focused Fortuna Silver Mines is active in South America, with a $6.7-million brownfields exploration budget for the area around its Caylloma mine, in Peru, where it has discovered high-grade gold mineralisation in the Ramal Piso Carolina and Don Luis veins, located in the northern... 

Investment crucial for growth of South American mining industry

By: Sashnee Moodley The fulfilment of the South American mining industry’s potential for growth lies not only in the resource-rich areas of the continent, but also in the ability to articulate the several challenges and the eagerness of the government to help on this, given the complexity of such kinds of investments.  

Precious metals company expands into Latin America

Gold and precious minerals refiner Kaloti Group reports that construction has started on its first gold and precious metals refinery and bullion manufacturing plant, in Suriname, South America. 

South American mining sector to continue as resource-based economy

By: Chantelle Kotze Latin America remains the world’s leading region for mine exploration, attracting 25% of global expenditure in 2011, states advisory firm KPMG Peru audit partner Juan Jose Cordova. 

Chile copper producer invests $4.3bn in 2012

Chile State-owned copper producer Codelco says it will invest a record amount of $4.3-billion this year, of which $2.2-billion is allocated to the investment plan managed by Project Vice-Presidency (PV) – the specialised unit created in 2005 for the management and implementation of the company's... 

Gold miner focused on project optimisation

By: Chantelle Kotze Canadian gold miner Kinross Gold is focused on optimising both its operating and developing mines – including its assets in the South American countries of Brazil, Chile and Ecuador – with the aim of improving capital efficiency, project sequencing and investment returns. 

Minerals explorer acquires new project in Chile

By: Chantelle Kotze ASX-listed minerals exploration company Helix Resources increased its total number of 100%-owned projects in Region IV, in Chile, to six when it acquired the Huallillinga project, in March this year, after a visit to the area by its technical director and Chile-based geologists. 

Rising resource nationalism in South America

By: Chantelle Kotze In 2010/11 at least 25 countries increased or announced intentions to increase their government take of profits generated by the local mining industry through taxes or royalties, says advisory firm Ernst & Young’s yearly ‘Business risks facing mining & metals 2011/12’ report, with seven of these... 

Updated mine software to be released

By: Chantelle Kotze Mining technology and consulting company MineRP has upgraded its Mine2-4D mine planning software to provide a complete and automated mine planning and scheduling system for underground and openpit mining operations.  



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